Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

OKX Ventures dives into Web3 gaming, investing in Matr1x Fire, a groundbreaking cyberpunk FPS. Co-founder Madeira envisions Matr1x as a cultural hub, merging classic gameplay with NFTs for a unique experience. The 'battle-royale' mode promises cooperative action. Anticipate the launch in Q1 2024, setting new standards in gaming and Web3 integration. In a groundbreaking move, OKX Ventures has entered the realm of Web3 gaming with a strategic investment in Matr1x, a cutting-edge entertainment platform. With approximately USD$20 million in support from various venture capital firms, Matr1x is gearing up to release Matr1x Fire, a cyberpunk-themed first-person shooter that introduces a cooperative "battle-royale" mode, akin to the popular CS:GO. This game stands out with its fusion of classic gameplay and Web3 elements, such as NFTs unlocking exclusive experiences, thereby reshaping the gaming landscape.Matr1x, led by co-founder Madeira, envisions itself not just as a gaming platform but as a cultural force advocating values like data sovereignty and decentralization. The 'battle-royale' mode takes center stage, inviting players to collaborate in conquering enemies, with the integration of NFTs promising a unique and personalized gaming experience.OKX Ventures' strategic investment is a testament to its belief in the transformative potential of Web3 adoption. The funds injected will primarily support the development of Matr1x Fire's highly anticipated battle royale component, scheduled for release later in the year.Matr1x's initial foray into the crypto community with its NFT drop made waves, ranking among the top trending collections in December. OKX Founder Dora Yue expresses excitement for the launch of Matr1x Fire, predicting it to set new standards in both gameplay and Web3 integration.In conclusion, the collaboration between OKX Ventures and Matr1x signifies a pivotal moment in the convergence of Web3 technology and gaming. Matr1x Fire's imminent release, coupled with the innovative 'battle-royale' mode, positions Matr1x as a trailblazer in the gaming industry, promising a new era of high-quality gaming experiences in 2024. Stay tuned for exclusive updates and join the revolution in gaming by following Matr1x and OKX Ventures on social media.

A Singapore-based NFT gaming company called Matr1x has raised an impressive $10 million for its flagship mobile game, Matr1x Fire. This is a huge deal for the gaming industry and will change the rules of the game. Matr1x has now raised a total of $20 million, with the investment led by Folius Ventures and SevenX Fund. This shows how committed the studio is to changing the way mobile games are made. Matr1x Fire is a first-person shooter game that looks a lot like Riot Games' Valorant. It's also one of a kind because it plays like Counter-Strike: Global Offensive (CS:GO), with gunplay being more important than hero skills. The article talks about how important this funding round is, how investors see it, and Matr1x's plans to speed up development of Matr1x Fire. Matr1x is still proud of its unique gaming experience and future esports potential, even though it has been compared to other games and there are legal concerns. In light of the decline of Web3, this article looks at the funding landscape. It also talks about Matr1x's strategic vision and how trends are changing in the NFT gaming space.